Organizacion Terpel (BOG:TERPEL) Inventory Turnover : 4.88 (As of Mar. 2023)

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What is Organizacion Terpel Inventory Turnover?

Inventory Turnover measures how fast the company turns over its inventory within a year. It is calculated as Cost of Goods Sold divided by Total Inventories. Organizacion Terpel's Cost of Goods Sold for the three months ended in Mar. 2023 was COP8,414,388 Mil. Organizacion Terpel's Average Total Inventories for the quarter that ended in Mar. 2023 was COP1,723,991 Mil. Organizacion Terpel's Inventory Turnover for the quarter that ended in Mar. 2023 was 4.88.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. Organizacion Terpel's Days Inventory for the three months ended in Mar. 2023 was 18.70.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. Organizacion Terpel's Inventory-to-Revenue for the quarter that ended in Mar. 2023 was 0.19.

Organizacion Terpel Inventory Turnover Historical Data

The historical data trend for Organizacion Terpel's Inventory Turnover can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Organizacion Terpel Inventory Turnover Chart

Organizacion Terpel Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Inventory Turnover

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23.01

22.03

16.03

20.30

22.13

Organizacion Terpel Quarterly Data
	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Inventory Turnover	Get a 7-Day Free Trial															5.31	4.90	4.91	5.02	4.88

Organizacion Terpel Inventory Turnover Calculation

Organizacion Terpel's Inventory Turnover for the fiscal year that ended in Dec. 2022 is calculated as

	Inventory Turnover (A: Dec. 2022 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (A: Dec. 2022 )	/ (	(Total Inventories (A: Dec. 2021 )	+	Total Inventories (A: Dec. 2022 ))	/	count )
=	32549846.748	/ (	(1177039.78	+	1764718.797)	/	2 )
=	32549846.748	/	1470879.2885
=	22.13

Organizacion Terpel's Inventory Turnover for the quarter that ended in Mar. 2023 is calculated as

	Inventory Turnover (Q: Mar. 2023 )
=	Cost of Goods Sold	/	Average Total Inventories
=	Cost of Goods Sold (Q: Mar. 2023 )	/ (	(Total Inventories (Q: Dec. 2022 )	+	Total Inventories (Q: Mar. 2023 ))	/	count )
=	8414388.389	/ (	(1764718.797	+	1683262.475)	/	2 )
=	8414388.389	/	1723990.636
=	4.88

Organizacion Terpel (BOG:TERPEL) Inventory Turnover Explanation

Inventory Turnover measures how fast the company turns over its inventory within a year. A higher Inventory Turnover means the company has light inventory. Therefore the company spends less money on storage, write downs, and obsolete inventory. If the inventory is too light, it may affect sales because the company may not have enough to meet demand.

1. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

Organizacion Terpel's Days Inventory for the three months ended in Mar. 2023 is calculated as:

Days Inventory	=	Average Total Inventories (Q: Mar. 2023 )	/	Cost of Goods Sold (Q: Mar. 2023 )	*	Days in Period
	=	1723990.636	/	8414388.389	*	365 / 4
	=	18.70

2. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

Organizacion Terpel's Inventory to Revenue for the quarter that ended in Mar. 2023 is calculated as

Inventory-to-Revenue	=	Average Total Inventories (Q: Mar. 2023 )	/	Revenue (Q: Mar. 2023 )
	=	1723990.636	/	9148909.146
	=	0.19

Be Aware

Usually retailers pile up their inventories at holiday seasons to meet the stronger demand. Therefore, the inventory of a particular quarter of a year should not be used to calculate Inventory Turnover. An average inventory is a better indication.

Organizacion Terpel Inventory Turnover Related Terms

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Organizacion Terpel (BOG:TERPEL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Organizacion Terpel SA (BOG:TERPEL) » Definitions » Inventory Turnover

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Traded in Other Exchanges

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Address

Carrera 7 No. 75-51, Bogota, COL

Website

https://www.terpel.com

Organizacion Terpel SA is engaged in the business of dealing with lubricant oils, operating service stations and provide car wash services. The company also services the marine fuel market of cargo ships, dredgers, tugboats, offshore equipment's and barges that reach Colombian ports. Also, the company serves the aviation market with various types of fuels required. Geographically, the company operates in Colombia, Panama, and Other countries out of which Colombia generates maximum revenue.

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